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Book Endogenous Growth with Public Factors and Heterogeneous Human Capital Producers

Download or read book Endogenous Growth with Public Factors and Heterogeneous Human Capital Producers written by Thomas Ziesemer and published by . This book was released on 1994 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Heterogeneity in Human Capital and Economic Growth

Download or read book Heterogeneity in Human Capital and Economic Growth written by Stefania Zotteri and published by . This book was released on 2002 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Entrepreneurship  Human Capital  and Regional Development

Download or read book Entrepreneurship Human Capital and Regional Development written by Rui Baptista and published by Springer. This book was released on 2015-01-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes original contributions to the literature on clusters, human capital, and regional development by focusing on the link between entrepreneurship and economic growth, aiming for a better understanding of the dynamics of growth determined by the entrepreneur’s action in the regional space. The focus is therefore on critical reflection and rethinking the articulation between three levels of analysis of economic systems, namely entrepreneurship, human capital and regional development, which have not so far been perfectly articulated in the literature of reference on endogenous growth. Although there has been significant research so far into the success and failure of clusters, the implications of these multiple research efforts fail to provide political decision-makers and company managers with critical information about which mechanisms lie behind cluster success and also about how clusters survive and prosper. The innovative approaches presented in this book on entrepreneurship, human capital mobility and regional development have considerable potential to create new and original implications for decision-makers and managers. In terms of value added, this book contributes to the literature by seeking answers to the following questions: (i) Is the growth and success of clusters over time due to concentration and transmission of business competences through spin-offs located in a given regional space? (ii) Does increased density of job options outside the workplace contribute to increased mobility of human capital between firms located within clusters, and so improve coordination in the local labor market? (iii) Do spin-offs benefit from hiring workers from successful incumbents, inasmuch as those workers are expected to perform better than other workers from different origins? Integrating theoretical frameworks, empirical research, and regional case studies (from Portugal, Spain, Norway and Turkey), the editors and contributors demonstrate that the regional dynamics of industry growth are strongly influenced by the mobility of employees towards new firms.

Book The Uzawa Lucas Endogenous Growth Model

Download or read book The Uzawa Lucas Endogenous Growth Model written by Paolo Mattana and published by Routledge. This book was released on 2017-11-30 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using state of the art mathematical techniques this book provides a complete characterization of the Uzawa-Lucas growth model. In his path-breaking contribution on the 'Mechanics of Economic Growth' Lucas suggested that human capital is the key variable through which technical change is most likely to occur and (by taking some initial intuitions of Uzawa a step further) proposed a two-sector capital accumulation growth model where human capital is allowed to enter a neo-classical-style production structure in multiplicative terms. In this book Paolo Mattana fully explores the dynamic possibilities of the model from both the market and the centralized perspective. A critical evaluation of the inefficiency in the market economy is also provided.

Book Essays on Endogenous Growth  Economic Openness and Labor Allocation

Download or read book Essays on Endogenous Growth Economic Openness and Labor Allocation written by Young Joon Kim and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation consists of three chapters. Chapter 1 introduces an endogenous growth model, and Chapter 2 and 3 provides empirical evidence in support of the growth model. Chapter 1 presents a simple endogenous growth model. It is based on Romer (1990), but extends the original model by incorporating individual workers skill heterogeneity. Based on the heterogeneity, the model has a labor allocation mechanism between skilled and less-skilled sectors. This labor allocation determines the long-run growth rate of the economy. The model shows how the distribution of human capital affects on the labor allocation, and hence on the economic growth and income distribution. The model can be extended to an open economy. With the heterogeneity, the extended model explains distributional effect as well as growth effect of the economic openness. Chapter 2 provides empirical evidence in support of the model presented in the chapter 1. The human capital measures from the model show better performance in explaining the role of human capital on a country's income per worker. The proposed human capital measures also perform better in growth regressions. When the three specifications based on three different models (Solow, Nelson and Phelps and Romer) are implemented using a panel of 45 countries, the human capital measures based on the Romer-type endogenous growth model provide the most significant relation between human capital and economic growth. Chapter 3 provides empirical evidence in support of the extension part of the model presented in the chapter 1. According to the model, economic openness can affect labor allocation through two channels; knowledge spillover and specialization. First, the openness promotes knowledge spillovers and hence increases the productivity of workers in skilled sectors. This makes the economy employs more workers in skilled sector. Second, the openness causes global specialization which leads more employment in skilled sector for advanced countries, but at the same time less employment in skilled sector for less-advanced countries. The empirical results obtained using cross country panel data support these two effects of knowledge spillover and specialization.

Book Human Capital Flight

Download or read book Human Capital Flight written by International Monetary Fund and published by International Monetary Fund. This book was released on 1994-12-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the impact of government tax and subsidy policy on immigration of human capital and the effect of such immigration on growth and incomes. In the context of a two-country endogenous growth model with heterogeneous agents and human capital accumulation, we argue that human capital flight or “brain drain” arising out of wage differentials, say because of differences in income tax rates or technology, can bring about a reduction in the steady state growth rate of the country of emigration. Additionally, permanent difference in the growth rates as well as incomes between the two countries can occur making convergence unlikely. While in a closed economy, tax-financed increases in subsidy to education can have a positive effect on growth, such a policy can have a negative effect on growth when human capital flight is taking place. Since subsidizing higher education is more likely to induce substantial brain drain, it is likely to be inferior to subsidy to lower levels of education if growth is to be increased.

Book Specific and General Human Capital in an Endogenous Growth Model

Download or read book Specific and General Human Capital in an Endogenous Growth Model written by Evangelia Vourvachaki and published by . This book was released on 2014 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Ibss  Economics  1995

    Book Details:
  • Author : Compiled by the British Library of Political and Economic Science at the London School of Economics
  • Publisher : Psychology Press
  • Release : 1996
  • ISBN : 9780415152150
  • Pages : 680 pages

Download or read book Ibss Economics 1995 written by Compiled by the British Library of Political and Economic Science at the London School of Economics and published by Psychology Press. This book was released on 1996 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IBSS is the essential tool for librarians, university departments, research institutions and any public or private institutions whose work requires access to up-to-date and comprehensive knowledge of the social sciences.

Book Human Capital  Endogenous Growth  and Government Policy

Download or read book Human Capital Endogenous Growth and Government Policy written by Martin Husz and published by Peter Lang Pub Incorporated. This book was released on 1998 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book tries to answer the question how, in a dynamic general equilibrium context, shocks to the capital market influence the rate of economic growth. As an example for such a shock, the effects of debt policy on a growing economy are analyzed. The rat

Book Investing in Human Capital for Economic Development in China

Download or read book Investing in Human Capital for Economic Development in China written by Gordon G. Liu and published by World Scientific. This book was released on 2010 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a reflection of the current research that explores the mechanism, dynamics and evidence of the impact of human capital on economic development and social well-being in modern China. Composed of keynote speeches and selected papers from The 2005 International Conference of the Chinese Economists Society (www.china-ces.org), it tracks the latest understanding and empirical evidence of the relationships amongst health, education and economic development in China. The book presents a broad spectrum of study topics covering human capital and economic growth; demand, attainment and disparity in both education and health; and investing in human capital and the economic and social returns in China. Distinguished contributors include Robert Fogel, Michael Grossman, Daniel Hamermesh, Gregory Chow and Dean Jamison.

Book A Model on Knowledge and Endogenous Growth

Download or read book A Model on Knowledge and Endogenous Growth written by Derek Hung Chiat Chen and published by . This book was released on 2005 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors present a model of endogenous growth in which the main engine of economic development is knowledge. Using a two-sector closed economy model that comprises of a conventional goods-producing sector and a research and development sector, their model incorporates two key aspects of knowledge: technology and human capital. Steady-state equilibrium conditions show that the growth rate of per capita income hinges on the growth rate of human capital. While the growth rate of human capital has been previously shown to affect the growth of the economy in transition between steady states or balanced growth paths, the authors are the first to link the growth rate of human capital to the steady-state growth rate of productivity and output per worker. Furthermore, this result does not exhibit scale effects or policy invariance, both of which have been longstanding concerns with the predictions of endogenous growth models developed in the 1990s.

Book Human Capital and Economic Growth

Download or read book Human Capital and Economic Growth written by Ronald Albers and published by . This book was released on 1997 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Technological Change and Skill Development in Sudan

Download or read book Technological Change and Skill Development in Sudan written by Samia Mohamed Nour and published by Springer Science & Business Media. This book was released on 2013-02-01 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the ongoing restructuring in Sudan, structural issues such as the need for skill development and interaction with technological change need an in-depth analysis that this book offers. The central themes of this book are- required skill formation, upskilling of the workers, and their interaction with technological change in lieu of a deficient educational system and its implications. An empirical investigation of the causes and consequences of low skill and technology indicators using a primary survey at macro and micro levels is undertaken. This is followed by an examination of the interaction between the low skill and technology indicators, the relationships between skill, upskilling and technology indicators, skills mismatch, the uses and impacts of ICT and differences at firm as well as industry level as well as knowledge transfer effects. A set of recommendations towards the need for implementation of consistent policies, increasing incentives and collaboration between public and private institutions completes the book. ​